The pair Ethereum/Tether (ETH/USDT) goes from the descending trendline upwards
An ascent up to the next resistance line at 1881.59 is expected.
Caution: A possible change in the direction of the support line at 1820.74 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Additionally a ‘Mat Hold’ candlestick pattern is existing. The candles show ‘Mat Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Mat Hold’ going up is 78% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1929.48 |
| 2nd High | 1894.38 |
| Next High | 1881.59 |
| Current Price | 1830.880000000 |
| Next Low | 1820.74 |
| 2nd Low | 1750.2 |
| 3rd Low | 1737.68 |
1881.59 – 1894.38 – 1929.48 – 1820.74 – 1862.57 – 1908.12 —
1839.530000000 – 1827.280000000 —
41.587637806092 – 36.637546596039 —
– —
1881.59 – 1784239200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Mat Hold – – –